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Posts tagged with Roe v. Wade

It’s “silly season” – so sayeth the politicians. It’s time to throw every piece of mud at the opposition simply because a lot of people will believe it. Fox, MSNBC, pundits who claim to know everything but in reality know nothing, and thousands of horrid political ads – it’s all a lot of noise that provides no reliable indicators on which is the best way to vote.

Can we look at some of the realities of the situation and some of the facts?

REALITIES:

Romney:

We don’t know what Romney would or would not do. Unfortunately, he’s changed positions so many times, it’s hard to figure whether he’s conservative or moderate. The “etch a sketch” metaphor has been mentioned and fair or not, it was created by his own campaign manager.

Yes, he did a great job with the Olympics. He had support and money from the government that he says isn’t working. It’s unclear how he did as governor of Massachusetts but one would think that if he did a great job, he’d easily win the state this time. Polls show he’s 15 points down. You want to tell me that’s meaningless? Please explain.

The only thing Romney has been consistent about is that he is a social conservative. He’s supported the idea of overturning Roe v. Wade, favors DOMA and won’t take a position on the Lily Ledbetter Act. If that’s what you want and you’re okay with his other murkiness, you should vote for him.

Obama:

Four years ago, we were headed toward a full-on depression. We’re not now.

Corporate profits had risen more than with any other president.

The stock market has risen 14.7% a year under Obama.

Housing values had fallen one-third on average at the end of the Bush administration. They’re rising again and have recovered much of the loss.

Now that we’re here, who can take us further?

FACTS:

The U.S. economy has done better with Democratic presidents than with Republicans.

Personal disposable income has grown nearly 6 times more under Democratic presidents.

Gross Domestic Product (GDP) has grown 7 times more under Democratic presidents.

Corporate profits have grown over 16% more per year under Democratic presidents (they actually declined under Republicans by an average of 4.53%/year).

Average annual compound return on the stock market has been 18 times greater under Democratic presidents (If you invested $100k for 40 years of Republican administrations you had $126k at the end, if you invested $100k for 40 years of Democrat administrations you had $3.9M at the end).

Republican presidents added 2.5 times more to the national debt than Democratic presidents.

The two times the economy steered into the ditch (Great Depression and Great Recession) were during Republican, laissez faire administrations.

Investment managers always point out that there’s no guarantee that past performance is an indicator of the future but given the choice between uncertainty and past negative performance versus a record and past positive performance, logic should say to select the latter. But when did logic and facts determine a U.S. presidential election?

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Speed to Market

Stanford University Business School did a comparative study years ago on major factors that lead to a company's success. They studied an equal number of companies that had new business ideas. One group insisted on holding back until they felt they had perfected their product. The other felt their product was a little more than half ready but put it out to market early. The results a year later were startling. A significantly higher percentage of companies that went to market as soon as possible were well on their way to viability and profitability. Conversely, a significantly higher number of companies that thought they had perfected their product had failed or were heading in that direction. The reason? Immediate market feedback gave those companies that rushed to market the knowledge to better attune their products to market needs. The other companies had already used up their resources to apply to ongoing product improvement. Speed to market also applies to marketing campaigns. Quick to research, get feedback and adapt messaging makes for more successful campaigns. Velocity is a key factor in business success both for operations and marketing